Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of domestic absorption for Comoros
RGDPL2KMA625NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
834.17
Year-over-Year Change
-14.41%
Date Range
1/1/1960 - 1/1/2010
Summary
The Purchasing Power Parity Converted GDP Per Capita (Laspeyres) trend measures the economic output per person in Comoros, adjusted for differences in purchasing power across countries. This metric is crucial for comparing living standards and productivity between nations.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic indicator represents the real gross domestic product (GDP) per capita in Comoros, converted using purchasing power parity (PPP) to account for price level differences. It is a widely used statistic for evaluating economic development and living standards across countries.
Methodology
The data is calculated based on growth rates of domestic absorption for Comoros.
Historical Context
Policymakers and analysts utilize this metric to assess Comoros' economic performance and living conditions relative to other nations.
Key Facts
- Comoros' GDP per capita was $1,576 in 2020.
- Comoros' GDP per capita has grown by an average of 0.4% annually over the past decade.
- Comoros ranks 161st globally in terms of GDP per capita.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real gross domestic product (GDP) per capita in Comoros, adjusted for differences in purchasing power across countries using the Laspeyres method.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for comparing living standards and economic productivity between Comoros and other nations, as it accounts for price level differences across countries.
Q: How is this data collected or calculated?
A: The data is calculated based on growth rates of domestic absorption for Comoros.
Q: How is this trend used in economic policy?
A: Policymakers and analysts utilize this metric to assess Comoros' economic performance and living conditions relative to other countries.
Q: Are there update delays or limitations?
A: The data is subject to the availability and release schedule of the relevant statistical agencies.
Related Trends
Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of domestic absorption for Estonia
RGDPL2EEA625NUPN
Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of Consumption, Government Consumption, Investment for Austria
RGDPLPATA625NUPN
Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of Consumption, Government Consumption, Investment for Togo
RGDPLPTGA625NUPN
Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Tunisia
RGDPCHTNA625NUPN
Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Madagascar
RGDPCHMGA625NUPN
Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Italy
RGDPCHITA625NUPN
Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of domestic absorption for Comoros (RGDPL2KMA625NUPN), retrieved from FRED.